Thanks for laying this out all super clearly, the multipliers here are actually more than I was thinking it seems.
I think pretty much everyone agrees on a 1500 minimum cut level up to a 2k hard cut level.
The likes on your post one would assume are likely from people with 6k+ lxp, which it seems is basically everyone still posting on this thread.
Kind of a bit of an un-representative of the whole echo chamber in here at this point, objectively.
Those numbers get straight up insane bro. 8k getting 10x more than 5k is nuts.
Definitely don’t like that. I’m ok with some tiering but I think the multipliers should be lower and less total tiers. That is going to actually maximize sentiment where as in your proposal a very relatively small portion of users will get absurdly higher rewards vs even someone with 5k! And someone at the bottom will feel like they got dust compared. There is way too much disparity there and also too much concentration at the top imo.
Here you have the top 1.6% getting 15% of the supply.
And the top 2.7% getting 22% of the supply.
This is pretty much exactly what Zk did, and it did not go well, sentiment was awful with everyone except that very small 3% at the top.
I think we could do something more like this:
Set hard cut at 1500 = approx 530k wallets remaining
*Cutting beyond 530k wallets remaining really seems quite un-necessary, pretty good number already and well balanced.
1500 to 3000 - x1
3000 to 4000 - x2
4000 to 5000 - x3
5000+ - x4 (approx top 10%)
This would also be hybrid, everyone gets reward according to their actual lxp, then times multiplier. Also, so that there weren’t dramatic steps in the tiers they could maybe break them down to smaller lxp groups and apply more incremental multipliers but still scale about the same to 5k+ at x3 or x4.
Again I think it is a bit questionable, IF we were all being completely objective (which we clearly are not), if tiers are even appropriate at all for something earned as LXP was. If they are done, there shouldn’t be enormous multipliers. x3 or x4 is already a lot.
Lastly, one bonus should still apply to either model, tiered or my bonus system way above, and that would be pre-dencun gas. Capped so arbitragers and similar market makers don’t take majority of it, and counts all pre-dencun trx even ones outside voyages.